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To: Oeconomicus who wrote (148612)10/9/2002 3:21:17 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
something I just got in the snail mail- as a public service announcement I feel compelled to share the knowledge-

The Great Bankruptcy Epidemic of 2002-2003 has just BEGUN!
So far this year, Worldcom, KMart,Global Crossing and 142 more public companies have gone bankrupt...

Now, household name companies like Revlon, Providian Financial Corp., Conseco, Network Appliance, Amazon, Ericsson and more than 1327 more are flirting with FAILURE.

Many will rock wall street with massive, surprise Enron-style BANKRUPTCIES that will drive the dow down to BELOW 5000- and hammer investors like YOU with Yet ANOTHER $5 trillion in Painful losses!

Here's what you must do NOW- WITHIN THE NEXT 10 DAYS - to insulate your wealth AND join us in profits of up to 929% and MORE as these companies FAIL!



To: Oeconomicus who wrote (148612)10/9/2002 3:30:24 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
Liz, also around the 1990 tech collapse was a banking crisis, real estate collapse (commercial and, in silly valley, residential), and Iraqi invasion of Kuwait. The only difference was all that didn't follow a bubble in the stock market.

A lot of overleveraged owner-builders were wiped out in the real estate collapse in 90 in california. Whats interesting was the extent of the california residential real estate bubble then, and how it would *never recover*.

People forget the revenue to tech companies in the tech boom was shared by far more participants. In software for example there were probably 40 companies in the a-and-b list who could take your web services or storefront business. argt,bvsn,vign,kana,epny,prgn,blue,fire, etc etc the list goes on and on. These are ALL GONE. For the 5 or so remaining software vendors will revenue and growth rates ever recover to 90s levels... I say its a distinct possibility, in fact likely.
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